In July 2017, there were five homes sold, with a median sale price of $154,900 - a 47.8% decrease over the $297,000 median sale price for the same period of the previous year. There were four homes sold in Lake Summerset in July 2016.
The median sales tax in Lake Summerset for the most recent year with available data, 2016, was $3,919, approximately 2.5% of the median home sale price for July 2017.
The following table compares Lake Summerset to other Stephenson County cities in July 2017:
| City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lake Summerset | 5 | 4 | 25% | $154,900 | $297,000 | -47.8% |
| Pearl City | 3 | 1 | 200% | $101,500 | $59,500 | 70.6% |
| Lena | 7 | 2 | 250% | $88,000 | $161,000 | -45.3% |
| Cedarville | 1 | 3 | -66.7% | $80,000 | $97,000 | -17.5% |
| Freeport | 38 | 35 | 8.6% | $64,825 | $63,725 | 1.7% |
| Dakota | 1 | 1 | 0% | $30,051 | $105,000 | -71.4% |
| Rock City | 0 | 0 | - | $0 | $0 | - |
| Winslow | 0 | 0 | - | $0 | $0 | - |
| German Valley | 0 | 0 | - | $0 | $0 | - |
| Orangeville | 0 | 0 | - | $0 | $0 | - |
| Davis | 0 | 1 | -100% | $0 | $102,000 | -100% |
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